Full-Service Spanish Restaurant — Nassau County, NY
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Full-Service Spanish Restaurant — Nassau County, NY

$495,000

Nassau County, NY

Six years built. One turnkey acquisition.

A rare opportunity to acquire a full-service Spanish restaurant, six years established in Nassau County with a loyal customer base and strong local reputation. This is not a concept that needs to be built. It is a turnkey operating restaurant with a 100+ seat dining room, a dedicated second-floor balcony for private events, and eleven years of lease security at a fixed occupancy cost. The business generated $1,351,499 in net sales in 2025, with reported net income of approximately $190,000 — a ~14% net margin on a restaurant of this size and tenure. Monthly rent is $13,000 all-in (taxes and CAM included), producing annual occupancy of approximately $156,000 with 11 years remaining on the lease. The asking price of $495,000 represents approximately 2.6x net income on a six-year established concept. Specific location, full financials, lease terms, and operating detail are available under NDA.

By the Numbers

Gross Revenue

$1.35M

SDE / Net Income

$190K net income (~14% margin)

Asking Price

$495,000

Operational Status

Turnkey — established systems, ~20 staff in place

Overview

A six-year established full-service Spanish restaurant in Nassau County with $1.35M in 2025 revenue, $190K net income, 100+ seats, a private upstairs event space, and 11 years remaining on a fixed-cost lease.

The Asset

Net Sales (2025)$1,351,499
Net Income (2025)~$190,000
Net Margin~14%
Asking Price Multiple~2.6x Net Income
Dining Capacity100+ seats
Second-Floor BalconyPrivate events
ConceptSpanish full-service
Monthly Rent$13,000 (taxes & CAM included)
Annual Occupancy~$156,000
Lease Remaining11 years
Employees~20 on staff
Established6 years
Customer BaseLoyal, repeat
OperationsTurnkey — established systems

Three Structural Levers

01

Upstairs Balcony — Untapped Event Revenue

A dedicated second-floor private event space exists but is not yet fully activated. Private dining and event bookings flow directly to net with minimal incremental cost.

02

11-Year Fixed-Cost Lease

Rare lease runway at $13,000/month all-in (taxes and CAM included) provides long-term stability and protects occupancy economics against market rent increases.

03

Catering Arm from Existing Kitchen

A full commercial kitchen producing $1.35M in restaurant volume is positioned to support an off-premise catering line — a new revenue stream requiring no new capital.

Investment Thesis

What's in Place

  • —Six years of continuous operating history in Nassau County
  • —$1.35M revenue and $190K net income in 2025
  • —100+ seat dining room with strong throughput
  • —Second-floor balcony dedicated to private events
  • —11 years remaining on a fixed-cost lease at $13,000/month all-in
  • —Twenty-person experienced team in place
  • —Loyal local customer base and reputation

Growth Angles

  • —Activate the balcony for private event bookings
  • —Build a catering arm from the existing kitchen
  • —Expand marketing across local digital channels
  • —Introduce a wine or sangria program at scale
  • —Tighten beverage margins and pricing strategy
  • —Owner-operator structure to compress payroll
  • —Position as a destination concept in Nassau

Confidentiality Notice

The information presented here is a high-level overview. To protect the seller's interests, specific business identity, exact financial figures, location details, and operational specifics are made available only after a buyer has executed a Non-Disclosure Agreement and provided proof of funds. To request the full Confidential Information Memorandum (CIM), use the link below to schedule a discovery call with Nicholas Clinton.

Listing represented by Nicholas Clinton, Senior Business Advisor at Hedgestone Business Advisors.